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Powered Wheelchair Market Share

Report ID: GMI5282
Published Date: Jul 2024
Report Format: PDF

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Powered Wheelchair Market Share

The global market for powered wheelchair is highly competitive, driven by the increasing demand for infection control measures, advancements in technology, and stringent regulatory guidelines. Key players in this market are focusing on product innovation, strategic partnerships, mergers and acquisitions, and geographic expansion to maintain and enhance their market position. As the demand for effective powered wheelchairs continues to grow, driven by regulatory compliance and patient safety concerns, the adoption of advanced powered wheelchairs technologies and sustainable practices is expected to increase, shaping the future of the market.

Powered Wheelchair Market Companies

Some of the eminent market participants operating in the powered wheelchair industry include:

Airwheel
Invacare Corporation
Karman Healthcare
Levo Ag
Meyra Gmbh
Numotion
Ostrich Mobility
Ottobock
Permobil
Pride Mobility Products Ltd
Sunrise Medical

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The powered wheelchair market size was valued at USD 2.9 billion in 2023 and is estimated to grow at 5.7% CAGR from 2024 to 2032 owing to the rising prevalence of disabilities and chronic diseases.

The rear wheel segment in the market generated a revenue of USD 1.1 billion in 2023 due to the stability and better maneuverability, especially outdoors and over rough terrain.

North America powered wheelchair market is anticipated to reach USD 1.6 billion by 2032 favored by the advancements in mobility technology.

Airwheel, Invacare Corporation, Karman Healthcare, Levo Ag, Meyra Gmbh, Numotion, Ostrich Mobility, Ottobock, and Permobil among others.